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Post by sd51555 on Feb 11, 2018 6:50:28 GMT -6
With the US now producing almost as much oil as the Arabs, one would think oil should come down in price? Or will they follow Opec to the tee and artificially keep inflating prices? My bet would be we find a sweet spot around $80 and stay there. There's no oligopoly power here in oil, and our companies don't have to feed kingdoms with their profits, they just have to make a profit. If we can get it out of the ground for $30-50/barrel and sell it for $80, pump away boys, and I expect they will.
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Post by MoBuckChaser on Feb 11, 2018 11:05:54 GMT -6
Merck has a P&E ratio of almost 60, never seen that, as well as a almost 4% dividend. That tells me people are all over Merck. Would any of you be?
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Post by Foggy on Feb 11, 2018 13:30:59 GMT -6
Merck has a P&E ratio of almost 60, never seen that, as well as a almost 4% dividend. That tells me people are all over Merck. Would any of you be? Would you buy a farm that took sixty years to pay for ...by it's profits? However if you can increase those profits in a bigly fashion.....then it may be a good deal. Tells me folks are betting on Merck coming in with something big. I can remember my step-father owning Biomedicus with a PE in the 80's......just before it split 4x in one year.....and was acquired by Medtronic. To answer your question......I dont own those kinda stocks. But I do have some health care stocks that are 10 baggers over recent years! Yowsir!
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Post by MoBuckChaser on Feb 12, 2018 2:34:20 GMT -6
How do you like your TD Ameratrade account SD? Easy to use?
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Post by sd51555 on Feb 12, 2018 5:52:51 GMT -6
How do you like your TD Ameratrade account SD? Easy to use? It takes some time to learn the site, but once you've played with it a little, it's pretty handy. The mobil apps are not so great though. They are good enough if you need to make a trade, but don't expect the ability to research much.
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Post by MoBuckChaser on Feb 12, 2018 5:56:16 GMT -6
Merck has a P&E ratio of almost 60, never seen that, as well as a almost 4% dividend. That tells me people are all over Merck. Would any of you be? Would you buy a farm that took sixty years to pay for ...by it's profits? However if you can increase those profits in a bigly fashion.....then it may be a good deal. Tells me folks are betting on Merck coming in with something big. I can remember my step-father owning Biomedicus with a PE in the 80's......just before it split 4x in one year.....and was acquired by Medtronic. To answer your question......I dont own those kinda stocks. But I do have some health care stocks that are 10 baggers over recent years! Yowsir! We buy homes we never get paid for in 30 years or more. If the business had the chance of making piles of cash, then yes!
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Post by Foggy on Feb 12, 2018 8:58:17 GMT -6
Would you buy a farm that took sixty years to pay for ...by it's profits? However if you can increase those profits in a bigly fashion.....then it may be a good deal. Tells me folks are betting on Merck coming in with something big. I can remember my step-father owning Biomedicus with a PE in the 80's......just before it split 4x in one year.....and was acquired by Medtronic. To answer your question......I dont own those kinda stocks. But I do have some health care stocks that are 10 baggers over recent years! Yowsir! We buy homes we never get paid for in 30 years or more. If the business had the chance of making piles of cash, then yes! Theres your answer then. Some of those stocks can be a gamble.....but other companies DO come in with new products (regularly) that do increase their income streams thereby reducing their PE ratios and providing bigger dividends. Picking those stocks and holding on.....is the issue.
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Post by sd51555 on Feb 12, 2018 10:14:25 GMT -6
And some do it quickly and reliably.
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Post by Foggy on Feb 12, 2018 11:12:15 GMT -6
A few years back.....I belonged to an investment club. I recommended to this club that we should buy some 3M and Boeing as some core holding stocks. Those guys were big traders and were not patient enough to wait for the time when these stocks would go up. Now those stocks have really appreciated.
At the same time.....these guys were in and out of a variety of stocks - sometimes almost on a monthly basis. Yep....they had some winners......but it was allot of work doing the research to find something to replace something else. It's all a matter of "investment style". Some like it hot.....others like more the more stoic buy and hold approach. It's all a matter of what works for you.....and what you need to achieve your plans.
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Post by Foggy on Feb 12, 2018 11:27:26 GMT -6
Dow is up 440 points as I write this. The Donald is talking and the market is zooming onward! Where is Mclovin? . Listening to Trump and the Governors and others talking about the economy on Fox News. What a refreshing conversation on the economy and our governments positions on trade and "deals" that this administration is undoing - from the past. TRUMP!
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Post by badbrad on Feb 12, 2018 11:58:08 GMT -6
Dow is up 440 points as I write this. The Donald is talking and the market is zooming onward! Where is Mclovin? . Listening to Trump and the Governors and others talking about the economy on Fox News. What a refreshing conversation on the economy and our governments positions on trade and "deals" that this administration is undoing - from the past. TRUMP This is the last we saw from Mclovin. He posted that tastless video about the las vegas killings and hasn't been seen since. deerhabitat.freeforums.net/thread/1286/national-disasters-big-news-thread?page=7
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Post by MoBuckChaser on Feb 12, 2018 12:22:13 GMT -6
Dow is up 440 points as I write this. The Donald is talking and the market is zooming onward! Where is Mclovin? . Listening to Trump and the Governors and others talking about the economy on Fox News. What a refreshing conversation on the economy and our governments positions on trade and "deals" that this administration is undoing - from the past. TRUMP This is the last we saw from Mclovin. He posted that tastless video about the las vegas killings and hasn't been seen since. deerhabitat.freeforums.net/thread/1286/national-disasters-big-news-thread?page=7Rehab?
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Post by sd51555 on Feb 12, 2018 12:30:00 GMT -6
A few years back.....I belonged to an investment club. I recommended to this club that we should buy some 3M and Boeing as some core holding stocks. Those guys were big traders and were not patient enough to wait for the time when these stocks would go up. Now those stocks have really appreciated. At the same time.....these guys were in and out of a variety of stocks - sometimes almost on a monthly basis. Yep....they had some winners......but it was allot of work doing the research to find something to replace something else. It's all a matter of "investment style". Some like it hot.....others like more the more stoic buy and hold approach. It's all a matter of what works for you.....and what you need to achieve your plans. I get research fatigue with what I’ve got now. I don’t fly in and out of shit either. It’s enough to keep 30 company stories straight the way it is. Most don’t need to be watched, so it’s not as much work as it sounds. I follow an asset allocation strategy. If all is moving in tandem, I don’t mess with it much.
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Post by Foggy on Feb 12, 2018 13:43:29 GMT -6
Kaching! Dow up 540 points as I type this. KAAAACHING!
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Post by MoBuckChaser on Feb 12, 2018 14:33:00 GMT -6
Kaching! Dow up 540 points as I type this. KAAAACHING! Hey old guy, you don't KaaaaChing when you are getting your money back from last week......
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